It's official, the Chicago Bulls' new practice facility is landing close to home.
The team announced Friday it is developing plans to build a 55,000-square-foot practice space on the east side of the United Center. It's scheduled to be completed in time for the 2014-2015 season in the lot currently marked parking lot J, located on the east side of Wood Street between Madison and Monroe.
“Investing in a modern facility for our players and coaches will help us to achieve our team’s number one goal – winning championships – while also playing an important role in the city’s ongoing redevelopment efforts in our West Side neighborhood,” Bulls Chairman Jerry Reinsdorf said in a statement issued by Mayor Rahm Emanuel.
It's a big move for the team. The Bulls have called the Sheri L. Berto Center their practice home since 1992 and most of the players live in the suburbs.
Team president Michael Reinsdorf said the current facility has presented some limitations for the Bulls. "As we looked to invest in the team’s future, we recognized the importance of also investing in our community,” he said.
Emanuel, of course, couldn't be more pleased.
"The Bulls are an iconic championship team and a source of pride for our city," he said. "Their future, and the future of the West Side, is bright."